franchising

Financing

McDonald’s, looking to boost traffic, considers a $5 value meal

The fast-food giant, which has shifted its focus to value, wants to entice inflation-weary consumers. But it has yet to get full approval from franchisees concerned about rising costs.

Financing

Craveworthy bought three more brands, this time with an eye for conversion

The platform company this week acquired the brands Taim Mediterranean Kitchen, Hot Chicken Takeover and Sigri Indian BBQ. And more are in the works.

The trade group is calling for changes in disclosure rules before people buy a franchise. It comes as federal regulators examine rules for franchise companies.

The Bottom Line: Burger King is spending $550 million to get more of its restaurants remodeled, not counting its own upgraded restaurants. More brands should do this.

The president declined to sign off on a bill that would have scuttled an effort to make franchisors jointly liable for their franchisees’ workers, sending the issue back to Congress.

Operators have closed or rebranded nearly half of the chain’s locations over the past year and a half. And then as the chain was sold last week, franchisees were told the company lost its distribution contract.

After a strong first quarter, Dallas-based Wingstop expects double-digit same-store sales growth this year, as it plans on becoming a Top 10 global restaurant brand.

The fast-food chain is expanding its “Royal Reset” remodel program to fund more restaurant remodels through 2028.

The sandwich giant closed more than 400 U.S. restaurants last year, continuing a long string of net closures. It also generated a lot more revenue from suppliers in 2023.

The organic juice and healthy food brand joins the portfolio that also includes Orange Leaf and Red Mango.

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